What Are Grants? What Is the PELL Grant? Who Qualifies?
Grants are very plain and simple to understand. There is nothing at all complicated about them. It usually works one of two ways. The first way, someone send you a check, you deposit the money for school, and then you write your school a check. The second way, the most common way, is whoever is giving you the grant will just send the check to the school of your choice. Many people have taken grant money and not attended school, so the second way is more common today. It protects both you and the person giving you the grant.
They first started showing up in the 1960s. They were originally for low income students who couldn't afford college. The first program that was ever offered was called the basic opportunity grants. These grants are still around today, with the exception of a different formula that has been rewritten over the years. A Rhode Island Senator by the name of Claiborne Pell set on the education committee for the state. He was always asked by college lobbyists for something of some kind. Because of his influence, the grant was renamed to its current name it goes by today, the Pell Grant.
The Pell grant is very basic and simple. It is strictly based off of a student's expected family contribution, or more commonly known as EFC. This is a very common term used in the financial aid offices of colleges and universities all around the United States. If you qualify for the Pell Grant, it is automatically given to you. The amount of money you receive changes from year to year, so you will need to check what it currently is set at.
The amount of money you receive will be based upon how much you need. There is a maximum amount that you can qualify for, and there is no going over that amount. However, you will receive less if you do not need as much assistance. The grants are paid directly to the college you will be attending. You do not have to worry about repaying them were working them off. Think of it as a Christmas present from the government.
Every financial aid office will always start with the Pell Grant to see if you qualify. Only after they have looked at the Pell Grant, will they look for other sources of money. If your need is high enough, you may be able to attend college without paying a penny out of your own pocket.
Grants are very plain and simple to understand. There is nothing at all complicated about them. It usually works one of two ways. The first way, someone send you a check, you deposit the money for school, and then you write your school a check. The second way, the most common way, is whoever is giving you the grant will just send the check to the school of your choice. Many people have taken grant money and not attended school, so the second way is more common today. It protects both you and the person giving you the grant.
They first started showing up in the 1960s. They were originally for low income students who couldn't afford college. The first program that was ever offered was called the basic opportunity grants. These grants are still around today, with the exception of a different formula that has been rewritten over the years. A Rhode Island Senator by the name of Claiborne Pell set on the education committee for the state. He was always asked by college lobbyists for something of some kind. Because of his influence, the grant was renamed to its current name it goes by today, the Pell Grant.
The Pell grant is very basic and simple. It is strictly based off of a student's expected family contribution, or more commonly known as EFC. This is a very common term used in the financial aid offices of colleges and universities all around the United States. If you qualify for the Pell Grant, it is automatically given to you. The amount of money you receive changes from year to year, so you will need to check what it currently is set at.
The amount of money you receive will be based upon how much you need. There is a maximum amount that you can qualify for, and there is no going over that amount. However, you will receive less if you do not need as much assistance. The grants are paid directly to the college you will be attending. You do not have to worry about repaying them were working them off. Think of it as a Christmas present from the government.
Every financial aid office will always start with the Pell Grant to see if you qualify. Only after they have looked at the Pell Grant, will they look for other sources of money. If your need is high enough, you may be able to attend college without paying a penny out of your own pocket.
Grants are very plain and simple to understand. There is nothing at all complicated about them. It usually works one of two ways. The first way, someone send you a check, you deposit the money for school, and then you write your school a check. The second way, the most common way, is whoever is giving you the grant will just send the check to the school of your choice. Many people have taken grant money and not attended school, so the second way is more common today. It protects both you and the person giving you the grant.
They first started showing up in the 1960s. They were originally for low income students who couldn't afford college. The first program that was ever offered was called the basic opportunity grants. These grants are still around today, with the exception of a different formula that has been rewritten over the years. A Rhode Island Senator by the name of Claiborne Pell set on the education committee for the state. He was always asked by college lobbyists for something of some kind. Because of his influence, the grant was renamed to its current name it goes by today, the Pell Grant.
The Pell grant is very basic and simple. It is strictly based off of a student's expected family contribution, or more commonly known as EFC. This is a very common term used in the financial aid offices of colleges and universities all around the United States. If you qualify for the Pell Grant, it is automatically given to you. The amount of money you receive changes from year to year, so you will need to check what it currently is set at.
The amount of money you receive will be based upon how much you need. There is a maximum amount that you can qualify for, and there is no going over that amount. However, you will receive less if you do not need as much assistance. The grants are paid directly to the college you will be attending. You do not have to worry about repaying them were working them off. Think of it as a Christmas present from the government.
Every financial aid office will always start with the Pell Grant to see if you qualify. Only after they have looked at the Pell Grant, will they look for other sources of money. If your need is high enough, you may be able to attend college without paying a penny out of your own pocket.
